The Telecom Regulatory Authority of India (TRAI) in its subscription data for October 2024 has revealed a decline of 33 lakh active subscribers across the country. The total number of telephone subscribers, including wireless and wireline, stood at 1,188.20 million as of October 31, 2024, reflecting a monthly decline rate of 0.21 per cent. Urban and rural subscribers experienced reductions, with urban subscriptions decreasing to 660.42 million and rural subscriptions falling to 527.79 million. The broadband segment also saw a marginal decline, with total subscribers decreasing from 944.40 million in September 2024 to 941.47 million in October 2024, registering a decline rate of 0.31 per cent.
However, wired broadband showed growth, rising from 43.63 million to 44.66 million subscribers, an increase of 2.37 per cent. Conversely, fixed wireless connections such as Wi-Fi and Wi-Max dropped significantly by 22.72 per cent, while mobile device users fell by 0.42 per cent to 896.05 million. Wireless subscriptions, which form the bulk of India’s telecom base, declined from 1,153.72 million in September 2024 to 1,150.42 million in October 2024, registering a monthly decline rate of 0.29 per cent.
Both urban and rural wireless subscriptions saw decreases, with urban areas shrinking by 0.41 per cent and rural areas by 0.14 per cent. The wireless tele-density reduced to 81.77 per cent, while urban and rural tele-densities dropped to 124.38 per cent and 58.06 per cent, respectively. In contrast to the wireless segment, wireline subscribers increased from 36.93 million in September 2024 to 37.79 million in October 2024, marking a growth rate of 2.31 per cent. Urban areas accounted for 92.25 per cent of the wireline subscriber base, while rural areas contributed 7.75 per cent. The overall wireline tele-density rose to 2.69 per cent during this period.
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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